St. Vincent and the Grenadines | GDP deflator (base year varies by country)
The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency. The base year varies by country. Statistical concept and methodology: Inflation is measured by the rate of increase in a price index, but actual price change can be negative. The index used depends on the prices being examined. The GDP deflator reflects price changes for total GDP. The most general measure of the overall price level, it accounts for changes in government consumption, capital formation (including inventory appreciation), international trade, and the main component, household final consumption expenditure. The GDP deflator is usually derived implicitly as the ratio of current to constant price GDP - or a Paasche index. It is defective as a general measure of inflation for policy use because of long lags in deriving estimates and because it is often an annual measure.
Publisher
The World Bank
Origin
Saint Vincent and the Grenadines
Records
63
Source
St. Vincent and the Grenadines | GDP deflator (base year varies by country)
5.05321557 1960
5.17966159 1961
5.18244578 1962
5.21798789 1963
5.41880817 1964
5.4986579 1965
5.85957367 1966
6.54676652 1967
6.76350538 1968
7.13226729 1969
7.13644835 1970
7.43786782 1971
7.91115337 1972
9.92330127 1973
12.44854579 1974
14.37422921 1975
15.48314407 1976
21.25115357 1977
23.86588589 1978
26.97465 1979
30.49579829 1980
36.14152086 1981
38.5482279 1982
40.54789583 1983
42.01584008 1984
42.68198538 1985
44.63834091 1986
48.51483683 1987
48.61986924 1988
51.29436934 1989
55.12707969 1990
57.78787439 1991
59.25303187 1992
58.54484964 1993
59.9325364 1994
60.71855581 1995
62.88332944 1996
63.73781438 1997
65.78443687 1998
66.97993472 1999
72.17872622 2000
76.59550838 2001
76.75397306 2002
75.08573257 2003
77.89936482 2004
80.16123862 2005
83.12902657 2006
89.21940161 2007
91.23408487 2008
90.19045157 2009
95.22361754 2010
94.91994515 2011
95.95717512 2012
98.10870893 2013
97.77342484 2014
97.05592015 2015
96.4764011 2016
98.47463486 2017
100 2018
102.31247062 2019
101.42591016 2020
100.98584483 2021
104.68422365 2022
St. Vincent and the Grenadines | GDP deflator (base year varies by country)
The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency. The base year varies by country. Statistical concept and methodology: Inflation is measured by the rate of increase in a price index, but actual price change can be negative. The index used depends on the prices being examined. The GDP deflator reflects price changes for total GDP. The most general measure of the overall price level, it accounts for changes in government consumption, capital formation (including inventory appreciation), international trade, and the main component, household final consumption expenditure. The GDP deflator is usually derived implicitly as the ratio of current to constant price GDP - or a Paasche index. It is defective as a general measure of inflation for policy use because of long lags in deriving estimates and because it is often an annual measure.
Publisher
The World Bank
Origin
Saint Vincent and the Grenadines
Records
63
Source